The law firm of Furman and Benson accumulates costs associated with individual cases, using a job order cost system. The following transactions occurred during July: July 3. Charged 175 hours of professional (lawyer) time to the Obsidian Co. breech of contract suit to prepare for the trial, at a rate of $150 per hour. 10. Reimbursed travel costs to employees for depositions related to the Obsidian case, $12,500. 14. Charged 260 hours of professional time for the Obsidian trial at a rate of $185 per hour. 18. Received invoice from consultants Wadsley and Harden for $30,000 for expert testimony related to the Obsidian trial. 27. Applied office overhead at a rate of $62 per professional hour charged to the Obsidian case. 31. Paid administrative and